Letters about third-round of Economic Impact Payments issued
WASHINGTON — With the completion of special mailings of all Letters 6475 to recipients of the third-round of Economic Impact Payments, the Internal Revenue Service reminds people to accurately claim any remaining third-round stimulus payment…
IRS reminds holders of foreign bank of April FBAR deadline
WASHINGTON – The Internal Revenue Service today reminded U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is April 15. For additional…
Reasons why some tax refunds filed electronically take longer than 21 days
WASHINGTON — Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer.
Many different factors can affect the timing of…
Interest rates increase for the second quarter of 2022
WASHINGTON — The Internal Revenue Service today announced that interest rates will increase for the calendar quarter beginning April 1, 2022. The rates will be:
4% for overpayments (3% in the case of a corporation);
1.5% for the portion…
Tax Time Guide: Use the Where’s My Refund?
WASHINGTON — The Internal Revenue Service reminds taxpayers today that the fastest and easiest way to check on tax refunds is by using the Where's My Refund? tool on IRS.gov or through the IRS2Go mobile app.
This year, more than ever…
Top 5 things to remember when filing income tax returns in 2022
WASHINGTON — With filing season beginning January 24, the Internal Revenue Service reminded taxpayers about several key items to keep in mind when filing their federal income tax returns this year.
Given the unprecedented circumstances…
All third Economic Impact Payments issued
WASHINGTON – The Internal Revenue Service announced today that all third-round Economic Impact Payments have been issued and reminds people how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax return as…
IRS begins 2022 tax season and urges extra caution for taxpayers
WASHINGTON — The Internal Revenue Service today kicked off the 2022 tax filing season with an urgent reminder to taxpayers to take extra precautions this year to file an accurate tax return electronically to help speed refunds.
The start…
Interest rates remain the same for the first quarter of 2022
WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. The rates will be:
3% for overpayments (two (2) percent in the case of a corporation),
…